India Veterinary Care Market Size & Outlook, 2021-2028
The veterinary care market in India is expected to reach a projected revenue of US$ 5,177.3 million by 2028. A compound annual growth rate of 9.2% is expected of India veterinary care market from 2022 to 2028.
Revenue, 2021 (US$M)
$2,788.0
Forecast, 2028 (US$M)
$5,177.3
CAGR, 2022 - 2028
9.2%
Report Coverage
India
India veterinary care market, 2016-2028 (US$M)
Related Markets
India veterinary care market highlights
- The India veterinary care market generated a revenue of USD 2,788.0 million in 2021 and is expected to reach USD 5,177.3 million by 2028.
- The India market is expected to grow at a CAGR of 9.2% from 2022 to 2028.
- In terms of segment, companion animal was the largest revenue generating animal type in 2021.
- Production Animal is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary care market data book summary
| Market revenue in 2021 | USD 2,788.0 million |
| Market revenue in 2028 | USD 5,177.3 million |
| Growth rate | 9.2% (CAGR from 2021 to 2028) |
| Largest segment | Companion animal |
| Fastest growing segment | Production Animal |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animal, Production Animal |
| Key market players worldwide | Merck KGaA, Zoetis, Boehringer Ingelheim, Elanco Animal Health Inc, IDEXX Laboratories Inc, Mars Group Holdings Corp, Virbac SA, Vetoquinol SA, Indian Immunologicals, Samsung Bioepis, Ceva Santé Animale |
Other key industry trends
- In terms of revenue, India accounted for 3.5% of the global veterinary care market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China veterinary care market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,177.3 million by 2028.
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Veterinary Care Market Scope
Veterinary care market segmentation & scope
Dogs
Cats
Equine
Others
Regular
Emergency
Critical
Specialty services
Veterinary Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India veterinary care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary care market will help companies and investors design strategic landscapes.
Companion animal was the largest segment with a revenue share of 56.79% in 2021. Horizon Databook has segmented the India veterinary care market based on companion animal, production animal covering the revenue growth of each sub-segment from 2016 to 2028.
- India Veterinary Care Animal Type Outlook (Revenue, USD Million, 2016-2028)
- Companion Animal
- Dogs
- Cats
- Equine
- Others
- Production Animal
- Regular
- Emergency
- Critical
- Specialty services
- Companion Animal
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Target buyers of India veterinary care market databook
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Our clientele includes a mix of veterinary care market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India veterinary care market , including forecasts for subscribers. This country databook contains high-level insights into India veterinary care market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
India veterinary care market size, by animal type, 2016-2028 (US$M)
India Veterinary Care Market Outlook Share, 2021 & 2028 (US$M)
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